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Sectors & IndustriesIndustrialsRental & Leasing Services
Best Rental & Leasing Service Stocks to Buy Now (2024)
Top rental & leasing service stocks in 2024 ranked by overall Zen Score. See the best rental & leasing service stocks to buy now, according to analyst forecasts for the rental & leasing services industry.

Industry: Rental & Leasing Services
Ticker
Company
Price
1d %
1w %
1m %
3m %
6m %
1y %
3y %
5y %
10y %
52-week High
52-week Low
% off 52-week High
% off 52-week Low
Beta
Volume
Vol 1d %
MWG
MULTI WAYS HOLDINGS LTD
$0.310.00%-1.29%-4.69%-0.97%15.53%-54.68%N/AN/AN/A$0.75$0.1959.33%58.03%-0.1720,786-44.19%
CTOS
CUSTOM TRUCK ONE SOURCE INC
$4.832.77%6.62%-7.65%-29.49%-15.41%-28.13%-50.41%-53.11%N/A$7.53$3.6135.86%33.98%0.89983,68929.76%
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$40.652.63%0.69%5.04%-19.10%4.69%-9.97%46.22%185.86%319.07%$52.16$34.4022.07%18.18%1.282,020,22741.18%
HEES
H&E EQUIPMENT SERVICES INC
$48.971.81%-1.63%-16.69%-9.67%4.10%32.35%26.24%72.49%37.94%$66.18$35.5726.00%37.66%1.35182,226-50.51%
HRI
HERC HOLDINGS INC
$155.72-0.20%-0.49%2.09%5.75%22.75%47.84%46.30%292.84%N/A$171.00$99.728.94%56.16%1.80153,875-25.52%
R
RYDER SYSTEM INC
$125.730.60%-0.72%15.58%15.67%18.19%55.28%45.52%117.90%50.79%$128.85$77.602.42%62.02%1.14172,324-41.14%
AL
AIR LEASE CORP
$49.27-0.30%0.35%1.30%21.53%27.05%26.59%6.55%30.97%27.21%$52.31$33.335.81%47.82%1.47602,1598.99%
HTZ
HERTZ GLOBAL HOLDINGS INC
$5.530.18%13.09%-13.46%-24.14%-36.80%-66.18%N/AN/AN/A$19.36$4.3571.44%27.13%1.534,904,485-19.58%
FTAI
FTAI AVIATION LTD
$78.24-0.58%-1.10%11.92%47.93%86.42%174.33%185.55%386.87%N/A$81.40$27.293.88%186.70%1.161,073,536225.42%
CAR
AVIS BUDGET GROUP INC
$118.31-2.88%-0.88%12.30%11.35%-37.49%-27.48%34.36%274.87%110.89%$244.95$93.5351.70%26.49%1.85841,329138.72%
GATX
GATX CORP
$137.240.65%3.42%8.14%9.38%23.76%21.04%37.71%78.23%113.50%$137.50$97.210.19%41.18%0.99107,756-30.24%
URI
UNITED RENTALS INC
$685.790.68%-1.77%7.79%6.50%42.58%101.57%101.09%442.86%609.85%$732.37$330.306.36%107.63%1.48350,915-26.08%
ALTG
ALTA EQUIPMENT GROUP INC
$8.60-0.35%-2.82%-26.37%-28.33%-14.00%-43.08%-42.09%-11.10%N/A$17.98$8.3152.17%3.49%1.00321,913-14.01%
WLFC
WILLIS LEASE FINANCE CORP
$65.862.63%3.54%32.78%37.64%39.12%48.57%49.68%17.00%238.61%$66.84$37.011.47%77.95%1.0617,368256.85%
AER
AERCAP HOLDINGS NV
$91.480.89%0.34%9.44%17.37%33.37%54.27%57.70%83.69%101.01%$93.53$56.382.19%62.25%1.401,198,104-18.29%
MGRC
MCGRATH RENTCORP
$111.602.87%1.78%0.06%-13.25%10.62%21.90%31.33%87.03%237.98%$130.86$87.7214.72%27.22%0.98103,637-24.79%
FPAY
FLEXSHOPPER INC
$1.11-2.63%0.00%-2.80%-1.33%1.83%6.73%-59.19%23.88%-87.93%$2.47$0.7555.06%48.00%0.97118,78138.22%
PRG
PROG HOLDINGS INC
$36.360.61%3.80%18.51%12.71%28.39%12.85%-33.82%-33.19%13.24%$44.81$26.3918.86%37.78%1.39230,86441.53%
MPU
MEGA MATRIX CORP
$1.680.00%-5.62%-33.60%-41.26%60.00%0.00%3.70%-4.11%-49.00%$4.48$0.5562.50%205.45%1.2294,416-55.30%
UHAL
U-HAUL HOLDING CO
$69.060.04%-0.07%9.83%3.76%24.52%10.50%11.69%80.97%163.39%$73.03$48.075.44%43.67%0.9140,974-28.88%
AAN
AARON's COMPANY INC
$7.590.66%1.88%7.05%-27.85%-14.53%-40.28%-76.81%N/AN/A$16.16$6.6253.03%14.62%1.17146,106-12.46%
VSTS
VESTIS CORP
$12.52-2.42%8.96%-33.37%-35.23%-23.89%N/AN/AN/AN/A$22.37$8.9244.03%40.36%0.771,773,082-24.20%
ZCAR
ZOOMCAR HOLDINGS INC
$0.25-5.77%-16.67%-20.45%-83.56%-97.39%-97.72%N/AN/AN/A$14.75$0.2398.34%8.89%0.22679,387-2.90%

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in May 2024?

According to Zen Score, the 3 best rental & leasing service stocks to buy right now are:

1. Multi Ways Holdings (NYSEMKT:MWG)


Multi Ways Holdings (NYSEMKT:MWG) is the top rental & leasing service stock with a Zen Score of 44, which is 17 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Multi Ways Holdings has seen its stock lose -54.68% over the past year, underperforming other rental & leasing service stocks by -96 percentage points.

2. Custom Truck One Source (NYSE:CTOS)


Custom Truck One Source (NYSE:CTOS) is the second best rental & leasing service stock with a Zen Score of 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -28.13% over the past year, underperforming other rental & leasing service stocks by -69 percentage points.

Custom Truck One Source has an average 1 year price target of $8.00, an upside of 65.63% from Custom Truck One Source's current stock price of $4.83.

Custom Truck One Source stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Custom Truck One Source, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. H&E Equipment Services (NASDAQ:HEES)


H&E Equipment Services (NASDAQ:HEES) is the third best rental & leasing service stock with a Zen Score of 40, which is 13 points higher than the rental & leasing service industry average of 27. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 32.35% over the past year, underperforming other rental & leasing service stocks by -9 percentage points.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 30.69% from H&E Equipment Services's current stock price of $48.97.

H&E Equipment Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering H&E Equipment Services, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the rental & leasing service stocks with highest dividends?

Out of 10 rental & leasing service stocks that have issued dividends in the past year, the 3 rental & leasing service stocks with the highest dividend yields are:

1. Avis Budget Group (NASDAQ:CAR)


Avis Budget Group (NASDAQ:CAR) has an annual dividend yield of 8.45%, which is 6 percentage points higher than the rental & leasing service industry average of 2.52%. Avis Budget Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Avis Budget Group's dividend has not shown consistent growth over the last 10 years.

Avis Budget Group's dividend payout ratio of 30.9% indicates that its high dividend yield is sustainable for the long-term.

2. Ryder System (NYSE:R)


Ryder System (NYSE:R) has an annual dividend yield of 2.75%, which is the same as the rental & leasing service industry average of 2.52%. Ryder System's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ryder System's dividend has shown consistent growth over the last 10 years.

Ryder System's dividend payout ratio of 35% indicates that its dividend yield is sustainable for the long-term.

3. Alta Equipment Group (NYSE:ALTG)


Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 2.65%, which is the same as the rental & leasing service industry average of 2.52%.

Alta Equipment Group's dividend payout ratio of -108.6% indicates that its dividend yield might not be sustainable for the long-term.

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 0.51% in the last day, and down -0.23% over the last week.

We couldn't find a catalyst for why rental & leasing service stocks are up.

What are the most undervalued rental & leasing service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued rental & leasing service stocks right now are:

1. Hertz Global Holdings (NASDAQ:HTZ)


Hertz Global Holdings (NASDAQ:HTZ) is the most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Hertz Global Holdings has a valuation score of 71, which is 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -66.18% in the past year. It has underperformed other stocks in the rental & leasing service industry by -107 percentage points.

2. Multi Ways Holdings (NYSEMKT:MWG)


Multi Ways Holdings (NYSEMKT:MWG) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Multi Ways Holdings has a valuation score of 71, which is 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -54.68% in the past year. It has underperformed other stocks in the rental & leasing service industry by -96 percentage points.

3. Herc Holdings (NYSE:HRI)


Herc Holdings (NYSE:HRI) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Herc Holdings has a valuation score of 57, which is 27 points higher than the rental & leasing service industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Herc Holdings's stock has gained 47.84% in the past year. It has overperformed other stocks in the rental & leasing service industry by 7 percentage points.

Are rental & leasing service stocks a good buy now?

41.18% of rental & leasing service stocks rated by analysts are a strong buy right now. On average, analysts expect rental & leasing service stocks to rise by 3.15% over the next year.

What is the average p/e ratio of the rental & leasing services industry?

The average P/E ratio of the rental & leasing services industry is 16.37x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.